The Nautilus Group, Inc. reported that fourth quarter net sales dipped 1.7% to $152.8 million from to $155.5 million for the corresponding period last year. Net income during the period fell 59.1% to $9.4 million, or $0.28 per diluted share, compared to $
Author: James Hartford
Amer Group Reorganizes Management Team
Amer Group Plc is reorganising its management structure. As of 28 January 2004, the Group's Executive Team will consist of Mr Roger Talermo, President & CEO; Mr Pekka Paalanne, Senior Vice President & CFO; Mr Max Alfthan, Senior Vice President, Corpo
Galyan’s Issues Warning on Q4 and Full year Results
Galyan's Trading Company, Inc. issued a warning on its results for fourth quarter and full fiscal year on Tuesday. GLYN now expects a comparable store sales decrease of approximately 4.7% for the fiscal fourth quarter versus a previously estimate o
Swartz Family to Sell Off 6.5 Million TBL Shares
The Timberland Company announced that the Company has filed a Form S-3 shelf registration with the Securities and Exchange Commission (SEC) registering the resale of up to 6,522,441 shares of the Company's Class A common stock by certain TBL sharehol
LaCrosse Footwear Elects Wally Smith to Board
LaCrosse Footwear, Inc. has elected of Charles W. (Wally) Smith to its Board of Directors. Smith, former CEO of Recreational Equipment, Inc., will begin serving on the seven-member Board of Directors effective immediately…
GNC Names Woodruff Salesman of the Year
Greg Norman Collection has named Bo Woodruff 2003 Salesman of the Year for the brnad. Woodruff, a 30 year veteran of the apparel industry, handles Arizona and Nevada for the company and has represented the Greg Norman Collection for the past seven years.
Frisby Wins First Round in Outlast Infringement Action
FRISBY TECHNOLOGIES, INC. announced that its Motion for Partial Summary Judgment on Non-Infringement in its outstanding litigation with OUTLAST Technologies, Inc. was granted on January 14th, 2004 by United States Magistrate Judge B.N. Boland.
Big Dog Acquires The Walking Company
Big Dog Holdings, Inc. has agreed to acquire The Walking Company for cash, debt and equity securities in excess of $15 million. The Walking Company markets products through more than 70 retail store locations with total annual sales of $65 million…
New Balance Sponsors Track and Field Center at the Armory in NYC
New Balance Athletic Shoe, Inc. has entered into a new multi-year exclusive sponsorship agreement with The Armory in upper Manhattan, becoming its first-ever title sponsor.
As a result, the building will be renamed the New Balance Track & Field Center at
REI Nominates 2003 Vendor Partnership Award Winners
The annual REI awards program recognizes three key vendors and one overall Vendor Partner of the Year for efforts that have built a strategic and successful relationship with REI. REI's three merchandising divisions – Action Sports, Outdoorwear , an
Callaway Has Record Year in Trademark Enforcement Efforts
Callaway Golf set company records in 2003 in the successful global pursuit of counterfeiters, knockoff artists and other violators of Callaway Golf patents, copyrights and trademarks. ELY conducted enforcement actions in 11 countries resulting in the sei
Descente to Distribute Cutter and Buck in China
Cutter & Buck Inc. announced a license agreement with Tokyo-based Descente Ltd., under which Descente will have exclusive rights to distribute Cutter & Buck apparel in China, Hong Kong and Macao. This license adds to the existing relationship under which
Dodge Latest Casualty in Just for Feet Fiasco
Just for Feet has claimed its latest victim in the form of Steve Dodge, the former VP of footwear sales for Converse. Dodge was most recently VP & General Manager of Tecnica’s Outdoor & Winter Footwear Division. The criminal complaint alleges that Dodge
Quiksilver Prevails in Suit Against Former Licensee
A federal court jury has awarded Quiksilver, Inc. all unpaid royalties, as well as its requested nominal damages, in an action against GMT, Inc., a watch licensee terminated by the apparel manufacturer. The jury also denied all of GMT's counterclaims
GNC and Golf Merchandisers in 2004 Sponsorship Deal
Greg Norman Collection has inked a sponsorship agreement with the Association of Golf Merchandisers for 2004. As part of the agreement, Greg Norman Collection will sponsor the association's Bulletin Board on the “Member's Only” section of its we